Insparo Adds Africa Marketer-Manager

Nov 23 2009 | 6:43pm ET

Hedge fund firm Insparo Asset Management has hired a marketer to sell its Africa & Middle East Fund.

Jamie Allsopp will focus on building the fund’s profile among new investors, the firm said, although he will also contribute research and participate in investment decisions.

He’s no stranger to the latter two roles, having spent the past two years managing and marketing a Sub-Saharan equities fund at New Start Asset Management.

Allsopp joined New Start in 2001 as an equity analyst, eventually working as a portfolio manager. But with his launch of the Heart of Africa Fund in 2007, he took a step into the fundraising world, attracting £90 million through a global marketing campaign.

“By hiring a specialist of the caliber of Jamie, who also has hands-on fund management experience, we believe we are able to provide our current and future investors with a superior and well-rounded service that we feel is appropriate for a frontier market product,” Mohammed Hanif, chief investment officer, said.


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